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darrell@lnf.com

EVERMAY ESTATE IN GEORGETOWN

3/30/2010

Inventory is low?

Given all the news about the glut of homes on the market as a result of foreclosures and short sales, there is a surprising dearth of houses for sale in our area, including Georgetown. The Greater Capital Area Association of Realtors reports that, compared to a year ago, inventory is down in all but one price range...from $150,000 into the millions. That seems counter-intuitive and is especially surprising in that we are going headlong into the Spring Market. Georgetown real estate is no different. I expect that to change in the next couple of weeks as both buyers and sellers gain more confidence.

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About Me

I have been a Realtor for 27 years, 25 as the manager of a real estate office, and 20 of those as the manager of the Georgetown Office. I have worked through several real estate cycles, problem-solved with innumerable real estate transactions and supervised thousands of sales cases. One of my greatest pleasures is to share the knowledge I have acquired over these 27 years.